openPR Logo
Press release

Malaria Diagnosis Industry is expected to expand at over 28.0% CAGR by 2023

05-25-2017 02:30 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Market Highlights
Malaria is a deadly parasitic disease caused by plasmodium species which is transmitted by female anopheles mosquitos. P. falciparum accounts for almost 75% of the occurrence because other types of plasmodium generally cause a milder form of malaria. P. vivax accounts for 20% of the cases with the remaining 5% shared by P. ovale, and P. malariae. According to World Health Organization (WHO), the global incidence of malaria between 2010 and 2015, fell by 21% and the malaria mortality fell by 29%. However the African region carries a disproportionately high share of the global malaria burden and accounted for 90% of malaria cases and 92% of malaria deaths worldwide and sub-Saharan Africa accounted for 76% of malaria cases and 75% deaths globally. The global malaria diagnosis & treatment market is rising due to huge unmet medical needs in Africa and the huge growth in international anti-malarial funding. The other market drivers is the development of high sensitivity diagnostic kits with the ability to detect multiple types of malaria.

Africa Malaria Diagnosis & Treatment Market:
The Africa malaria diagnosis & treatment market has been evaluated as a growing market and it is expected that the market will touch high growth figures in future. The Africa malaria diagnosis market is expected to grow with a CAGR of ~28.0% during the forecast period while the Africa malaria treatment market is expected to grow with CAGR of ~8.1%.

Request a Sample Report@ https://www.marketresearchfuture.com/sample_request/2952

Key Players for Africa Malaria Diagnosis & Treatment Market:
• Alere Inc.,
• Access Bio Inc.,
• Premier Medical Corporation,
• Beckman Coulter/Danaher,
• bioMerieux,
• Novartis Diagnostics,
• Siemens Healthcare,
• Bio-Rad Laboratories,
• Cipla Inc.,
• Ipca Laboratories Ltd.,
• Uni-Med India,
• Pfizer Inc.,
• Sun Pharmaceutical Industries Ltd.,
• Sanofi among others.

“Ask for your specific company profile and country level customization on reports”

The market restraints is the low per capita income and low healthcare penetration in Africa, corruption and civil wars in many sub Saharan nations of Africa etc. Development of drug resistance is the greatest market threat to treatment market. The latest detection of Artemisin resistant malaria is a cause of serious concern.

The domestic manufacturing in Africa is extremely poor especially with diagnostic kits. The drug manufacturing is better but still very dependent on imports especially from developing nations like India. Thus Africa has all the elements for being the largest malarial market except the poor economic and political conditions.

New drug development is a very effective strategy for being the market leader. However the strong resistant mechanism of malaria renders any new drug less effective. The product development include combination therapy to avoid the pitfalls of drug resistance and to reduce the side effects of first generation drugs.

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Africa Malaria Diagnosis & Treatment Market Research Report - Forecast to 2023”

Browse full report @ https://www.marketresearchfuture.com/reports/malaria-diagnosis-treatment-market-2952

The Hottest Trend in the Market
Malaria is a life threatening disease caused by the plasmodium protozoan transmitted by the female anopheles mosquito. The incidence and prevalence of malaria has been declining all over the world with African region being the only anomaly. According to World Health Organization (WHO), the global incidence of malaria between 2010 and 2015, fell by 21% and the malaria mortality by 29%. However the African region carries a disproportionately high share of the global malaria burden and accounted for 90% of malaria cases and 92% of malaria deaths worldwide and sub-Saharan Africa accounted for 76% of malaria cases and 75% deaths globally.

Thus, huge unmet needs is the prime market driver. Moreover the international funding for malaria has increased substantially which is a strong market driver. Other drivers include the hot and humid climatic conditions which support mosquito breeding, presence of low immunity population groups at higher risk of contracting malaria such as infants, children under 5 years of age, patients with low immunity such as those with HIV/AIDS etc.
The market restraints are the low per capita income in Africa, low penetration of healthcare, lack of sanitation etc. the market is also bifurcated in contractual and free market with governmental bodies and health organizations accounting for a sizable number of purchases.

Table of Content

1 Introduction
1.1 Definition
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
Continue……

About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Akash Anand
Market Research Future
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
Web: https://www.marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Malaria Diagnosis Industry is expected to expand at over 28.0% CAGR by 2023 here

News-ID: 550695 • Views:

More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating and Coastal Activities
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034). The global small boat industry is witnessing significant growth, driven
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Redefine Vehicle Aesthetics and Functionality
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034). The automotive industry is witnessing a significant transformation in vehicle
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next-Generation Vehicles | Robert Bosch Gmbh, Technoton
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035). With the global automotive industry focused on precision,
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructure Evolve | Market Growth with 15.62% CAGR
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034). Valet parking technology is emerging as a transformative

All 5 Releases


More Releases for Africa

ONShine Africa Awareness Expands Through ONSAFX and Develop Africa Partnership
ONSA FX, a forex broker licensed by South Africa's Financial Sector Conduct Authority (FSCA), is extending its social impact through a strategic partnership with Develop Africa, under the umbrella of its social responsibility platform, ONShine Africa. This collaboration focuses on delivering critical educational support to children across Africa and reinforcing ONSA FX's commitment to sustainable development through long-term, values-based initiatives. Develop Africa is a respected nonprofit organization founded in 2006 with
Zetu Africa: Designing a Sustainable Future for Education Across Africa
In the heart of Kampala, Uganda, lies a bustling hub of creativity and purpose: Zetu Africa [https://www.zetuafrica.org/]. This award-winning design company has garnered acclaim not only for its stunning products but also for its unwavering commitment to social and environmental impact. At the core of Zetu's ethos is the belief that design can be a powerful force for positive change, and this belief is reflected in everything they do. Image: https://www.abnewswire.com/uploads/83a984ca8ea183848376ae0ab0fea376.jpg The
Buildexpo Africa – Largest building and construction exhibition returns to Eas …
Buildexpo Africa is the only show with the widest range of the latest technology in building material, mining machines, construction machinery and heavy equipment. At the latest edition of Buildexpo, East Africa's largest building and construction fair, we bring you exhibitors from over 40 countries who are the finest in infrastructure development. Find what suits you best from about 14.3 million business prospects during the three-day event, with over 10,000 products,
South Africa Agriculture Market, South Africa Agriculture Industry, South Africa …
The South Africa has a market-oriented agricultural economy, which is much diversified and includes the production of all the key grains (except rice), deciduous, oilseeds, and subtropical fruits, sugar, wine, citrus, and most vegetables. Livestock production includes sheep, cattle, dairy, and a well-developed poultry & egg industry. Value-added activities in the agriculture sector include processing & preserving of fruit and vegetables, crushing of oilseeds, chocolate, slaughtering, processing & preserving of
Wellness Tourism Market 2019 Future Growth with Worldwide Players: Africawellnes …
Wellness Tourism Market 2019 Industry Research Report provides a detailed Global Wellness Tourism Industry overview along with the analysis of industry’s favorable growth opportunities, the advent of flexible packaging is likely to dampen the market’s growth to an extent. Nevertheless, the increasing number of manufacturers, high demand for management applications, growth of residential & commercial sector and superior strength & corrosion resistance property. Get Sample Copy of this Report -https://www.orianresearch.com/request-sample/904685 Market Overview:
Vizocom Selects iSAT Africa as Its Africa C-band Partner
Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions. Sharjah, UAE, March 02, 2016 -- Vizocom, a leading global provider of satellite services, announced today that it has signed a partnership agreement with iSAT Africa to cooperate in providing satellite services and solutions such as data solutions including C-band VSAT services and